Fund groups have an image problem

Fund groups have an image problem

Can UK asset managers make the most of a $32trn opportunity in the coming years?

The eye-watering figure, put forward by Threadneedle Investments’ chief executive Campbell Fleming, certainly got the audience’s attention when he opened Investment Week’s Fund Management Summit last week. Global AUM will rise from $61trn in 2010 to $93trn in 2016, he said. Fleming noted several factors driving net flows in the funds industry which will be crucial for asset managers to focus if they want to attract the lion’s share of assets in future. People’s investment decisions are still dominated by their need for yield, capital preservation, and growth, he said. However, long...